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India's March rubber output jumps 67 pct y/y, imports drop - Board
April 24, 2017 / 9:44 AM / 5 months ago

India's March rubber output jumps 67 pct y/y, imports drop - Board

MUMBAI, April 24 (Reuters) - India’s natural rubber production in March jumped 67 percent from a year ago to 55,000 tonnes, the state-run Rubber Board said on Monday, as a rally in prices prompted farmers to raise tapping.

The country’s imports in the month fell 9.5 percent from a year ago to 25,360 tonnes, it said in a statement.

India’s rubber production in the 2016/17 fiscal year ended on March 31 rose 23 percent to 690,000 tonnes.

The country imports natural rubber mainly from Thailand, Indonesia, Vietnam and Malaysia. (Reporting by Rajendra Jadhav; Editing by Subhranshu Sahu)

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